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Showing posts with the label rewards

0G Foundation announces a new node sale

0G Foundation, a decentralized artificial intelligence (AI) technology platform, is getting ready to launch its node sale on November 11, 2024, according to the reports sent to Finbold on Tuesday, October 22.  The node sale is envisioned as an important step in advancing the first decentralized AI Operating System designed for fully on-chain applications.  0G Foundation node sale The upcoming 0G Foundation node sale will allow the community to purchase nodes and become part of the decentralized AI operating system.  Picks for you Pro meme coin trader earns $815K in 30 days with an 81% win rate 60 mins ago Ripple sells $100 million of XRP amid shy ‘Uptober’ and Kamala Harris donation 2 hours ag...

Jack Dorsey wants to decentralize Bitcoin mining with new investment

Ocean, which raised $6.2 million in a funding round led by Jack Dorsey, plans to enable miners to get block rewards directly from Bitcoin. Twitter (now X) co-founder and Bitcoin (BTC) advocate Jack Dorsey is backing a new BTC mining pool to help miners regain control of block rewards and transaction fees. Dorsey has led a $6.2 million seed round for Mummolin, the parent company of the new decentralization Bitcoin mining pool called Ocean, according to an announcement on Nov. 29. The seed funding will support the launch of Ocean, which is designed to decentralize and reshape the process of Bitcoin mining . The mining pool specifically aims to provide more mining process transparency and enable miners to receive block rewards directly from Bitcoin rather than from BTC mining pools. Luke Dashjr, Mummolin co-founder and long-time Bitcoin Core developer, believes that the role of mining pools must change for Bitcoin to exist as a truly decentralized currency. “Ocean is a new type of p...